The Only Variable That Matters
This was a busy week for economic data releases. In the manufacturing sector, January industrial production and capacity utilization were released, as were the...
A Threat to the Muni Union
It turns out that not only is the adoption of a right-to-work (RTW) law in states good for business, but even the threat of...
HC Risk
As any seasoned investor will tell you, there are many risks in investing—volatility risk, business risk, default risk, longevity risk, and inflation risk, to...
106% Profits—in Bonds
With stocks rising virtually uninterrupted since the end of August and doubling from their March 2009 lows, you may be kicking yourself for not...
This Stock Is Dead on Arrival
You would be smart to avoid getting involved in the walking zombie that is HCA, Inc., if and when there’s an initial public offering...
The Day One Rally
Did you notice that stocks rallied strongly yesterday? The S&P 500 was up 1.67%. Do you know why the market was up? It may...
A Low-Risk Inflation Hedge
The conventional wisdom is that bonds are a terrible investment when inflation accelerates. The theory is that rising inflation causes interest rates to rise...
Global Inflation Heating Up
Inflation is heating around the globe. China is tightening policy to combat inflation, Brazil is raising rates, the U.K. is talking tough on inflation...